20) Use the below information to answer the following question. Income Statement Net sales COGS Depreciation EBIT For the Year $631,000 442,200 28,100 $160,700 Interest 14,900 $145,800 Taxable income Taxes Net income 49,600 $ 96,200 Balance Sheet Beginning of Year $ 38,200 91,400 Cash End of Year $ 43,700 86,150 203,900 214,600 Accounts receivable Inventory Net fixed assets Total assets 516,100 $849,600 537.950 $882,400 Accounts payable $136,100 $104,300 Long-term debt 329,500 298,200 Common stock ($1 par value) 75,000 82,000 Retained earnings 309,000 397,900 Total Liab & Equity $849,600 $882.400 How does accounts payable affect the statement of cash flows for the year? A) a source of $31,800 of cash as an operating activity B) a source of $5,250 of cash as an operating activity C) a use of $5,250 of cash as investment financing activity D) a use of $31,800 of cash as an operating activity E) a source of $4,200 of cash as a financing activity